Scandinavia Self-Storage Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Scandinavia Self-Storage Companies and the Market is Segmented by Country (Norway, Denmark, Sweden). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

Scandinavia Self-Storage Market Size

Scandinavia Self-Storage Market (2025 - 2030)

Scandinavia Self-Storage Market Analysis

The Scandinavia Self-Storage Market is expected to register a CAGR of 7.19% during the forecast period.

Self-storage was introduced in Scandinavian countries such as Norway in the early 1990s and grew slowly before it started to really bloom in previous few years. The industry is growing rapidly, with new facilities all over the region.

  • The industry is now proliferating in Norway, with new facilities popping up all over the country, with its first self-storage operator, Self Storage Group ASA. According to Inside Self-Storage Inc., in terms of development, there are some sizable sites with 300-400 units, but the huge majority contain 20 to 50 units.
  • The leaning is for small, independent operators to emerge with 1 facility or perhaps 10 to 20 shipping containers or mobile-storage units. Though Norway is still a less developed self-storage market, the prospect looks bright, as customer awareness grows alongside the development of small apartments all over the country.
  • The self-storage industry is growing in Norway, as it has less storage space per capita compared to other countries such as the United Kingdom and the United States. However, the urbanization rate, buying power, and cost of property raise the revenue higher. This indicates strong growth potential, making Norway a widely untapped market.
  • Furthermore, with the arrival of technology, the self-storage industry is also anticipated to be positively influenced. For instance, self-storage software presents features, such as specialized payment options, facility maps, online access for customers, and gate access integration. The cloud-based self-storage software, which has a centralized database hosted online, is gaining popularity among the enterprises because of its numerous advantages.
  • Moreover, the supply of raw material to self storage has been limited due to a lack of staff and raw materials; in turn negatively affecting market growth.

Scandinavia Self-Storage Industry Overview

The Scandinavia Self-Storage Market industry is fragmented, with smaller autonomous operators owning and managing most facilities. The market consists of many significant players, in terms of demand, few of these members currently dominate the market. These operatives are consistently producing new storage buildings across the region. Also, the organizations are making direct investments in self-storage real estate assets through joint ventures or partnerships. The growth in this industry is anticipated to be positive, during the forecast period, due to the trends of progressed urbanization and updated economic outlook, across Scandinavia, which has led to further business growth.

  • December 2022- Shurgard announced the acquisition of three facilities from Instorage in Sweden, strengthening its leading position in rentable space in this market and Europe. The three facilities currently have a combined net rentable space of c. 13,000 Sqm or c. 2,100 units and the occupancy is c. 40%, and the stabilized yield on this acquisition is expected to be around 8 %.
  • April 2022- Self Storage Group ASA agreed with Mittegetlokale AS to acquire a property under development in Porsgrunn, Norway. The transaction value of the property is NOK 17.8 million. The under-development property has a potential lettable area of 1500 sq. m. The storage facility is projected to open in the first quarter of 2023 and will be operated under the City Self Storage brand.

Scandinavia Self-Storage Market Leaders

  1. Self-Storage Group

  2. Shurgard Self Storage

  3. Pelican Self Storage

  4. 24Storage

  5. Servistore

  6. *Disclaimer: Major Players sorted in no particular order
Scandinavia Self-Storage Market Concentration
Need More Details on Market Players and Competiters?
Download PDF

Scandinavia Self-Storage Market News

  • November 2023: Stokado, jointly owned by Redefine Properties and Griffin Capital Partners, acquired Top Box, a self-storage rental firm. This acquisition sees Stokado augmenting its portfolio with an additional 4,500 sqm of operating assets and another 4,500 sqm earmarked for its development pipeline.
  • September 2023: Nuveen Real Estate acquired Scandinavian self-storage provider Self Storage Group (SSG) for NOK3.79bn (EUR 330m). This acquisition will accelerate Nuveen's expansion plans in the European self-storage sector. SSG, operating under the City Self Storage and OK Minilager brands, manages 32,600 storage rooms across 142 facilities in Sweden, Norway, and Denmark.

Scandinavia Self-Storage Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS - SCANDINAVIA SELF-STORAGE INDUSTRY

  • 4.1 Current Market Scenario
  • 4.2 PESTEL Analysis - Scandinavia Self-Storage Industry
  • 4.3 Market Positioning Analysis - Scandinavia vs Rest of Europe
  • 4.4 Assessment of the impact of COVID-19 on Self-Storage Industry

5. NORWAY SELF-STORAGE MARKET

  • 5.1 Market Overview
  • 5.2 Key market parameters
  • 5.3 Company Profiles
    • 5.3.1 Self Storage Group
    • 5.3.2 City Self Storage
    • 5.3.3 Minilager
    • 5.3.4 Norway Storage
  • *List Not Exhaustive
  • 5.4 Key Market Influences
  • 5.5 Market Outlook

6. DENMARK SELF-STORAGE MARKET

  • 6.1 Market Overview
  • 6.2 Key market parameters
  • 6.3 Company Profiles
    • 6.3.1 Shurgard Self-Storage
    • 6.3.2 Self-Storage Group
    • 6.3.3 BOXIT
    • 6.3.4 Dit Pulterkammer
    • 6.3.5 Pelican Self-Storage
  • *List Not Exhaustive
  • 6.4 Market Outlook

7. COMPETITIVE LANDSCAPE

  • 7.1 Market Overview
  • 7.2 Key market parameters
  • 7.3 Company Profiles
    • 7.3.1 Shurgard Self-Storage
    • 7.3.2 Self-Storage Group
    • 7.3.3 Pelican Self-Storage
    • 7.3.4 24Storage
    • 7.3.5 Servistore
  • *List Not Exhaustive
  • 7.4 Market Outlook
**Subject to Availability
You Can Purchase Parts Of This Report. Check Out Prices For Specific Sections
Get Price Break-up Now

Scandinavia Self-Storage Industry Segmentation

The self-storage industry is a sub-part of the commercial real estate market. Self-storage incorporates renting a storage place, also recognized as storage units to tenants, usually on a short-term basis. Self-storage tenants involve businesses and individuals.

The scandinavia self-storage market is segmented by country (norway, denmark, sweden). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.

Need A Different Region or Segment?
Customize Now

Scandinavia Self-Storage Market Research Faqs

What is the current Scandinavia Self-Storage Market size?

The Scandinavia Self-Storage Market is projected to register a CAGR of 7.19% during the forecast period (2025-2030)

Who are the key players in Scandinavia Self-Storage Market?

Self-Storage Group, Shurgard Self Storage, Pelican Self Storage, 24Storage and Servistore are the major companies operating in the Scandinavia Self-Storage Market.

What years does this Scandinavia Self-Storage Market cover?

The report covers the Scandinavia Self-Storage Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Scandinavia Self-Storage Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Scandinavia Self-Storage Market Report Snapshots

Compare market size and growth of Scandinavia Self-Storage Market with other markets in Technology, Media and Telecom Industry

Scandinavia Self-Storage Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)